03/13/26 Morning Headlines and Hotlines – Corn & Beans Follow Crude Oil Lower

Morning Market Talk Below, you will find today’s installment of Morning Market Talk. You can copy and paste the link below for this morning’s episode.   https://youtu.be/tFiEcsu9aSI?si=-fIg43iEGmK6Lrk1   On the Grains   Soy complex futures and corn traded lower overnight, while wheat was mildly firmer, as traders position ahead of the weekend following a volatile week of trade. Crude oil futures have also pulled back this morning, despite no signs the war with Iran will end anytime soon. Iran’s new Supreme Leader conveyed a defiant tone and said the Strait of Hormuz would remain closed in his first address on Thursday, while President Trump threatened further attacks.   For the week, soybeans and corn are higher, while wheat markets are lower.   China Plays Phytosanitary Card On Brazil Shipments   Bloomberg reported “a number of cargoes” of Brazilian soybeans failed to pass sanitary checks held at ports in the past few days, citing people familiar with the situation, affecting vessels destined for China. As previously noted, Brazil’s ag ministry enacted more stringent phytosanitary checks on soybean shipments at the request of China.   “Chinese customs in various regions have observed increased issues in Brazilian soybeans, including the presence of live…